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Gennum Reports Strong Third Quarter of Growth and Earnings Increase

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^{Published in Science and Technology on Wednesday, September 22nd 2010 at 13:40 GMT by Market Wire}  

 2010 2009 ------------------------------------------------------------------------- Third quarter ------------------------------------------------------------------------- Revenue 34.4 21.4 ------------------------------------------------------------------------- Gross margin 25.1 14.7 ------------------------------------------------------------------------- Gross margin as a percentage of revenue 72.9% 68.9% ------------------------------------------------------------------------- Restructuring charge - 5.5 ------------------------------------------------------------------------- Operating income (loss) 7.6 (5.2) ------------------------------------------------------------------------- Adjusted EBITDA* 10.6 2.9 ------------------------------------------------------------------------- Net earnings (loss) 5.3 (4.3) ------------------------------------------------------------------------- Net earnings (loss) per share (xx) $0.15 ($0.12) ------------------------------------------------------------------------- * See note regarding non-GAAP financial measures below. (xx) All per share amounts are basic and diluted. 

 ------------------------------------------------------------------------- Gennum will hold a conference call to discuss third quarter results on Wednesday, September 22, 2010 at 5:30 pm (EST). To access the call, participants should dial 1-877-974-0446. The conference call will also be webcast live at [ www.gennum.com ] or [ www.newswire.ca ] and subsequently archived on the Gennum site. A rebroadcast of the call will be available until midnight on October 22, 2010. To access the rebroadcast, dial 1- 877-289-8525 and enter the passcode 4360264 followed by the number sign. Download a slide presentation to accompany the discussion at [ http://www.gennum.com/q3fy10-downloads ]. ------------------------------------------------------------------------- 

 Caution Regarding Forward-Looking Information ---------------------------------------------